It Is All About BTC, LTC, ETH, DOGE, KAS mining as well as other alternative crypto currencies
NiceHash hasn’t added new algorithms for a while now with ZHash being the last new addition in early December last year, so it is interesting that they have added support for BEAM now. This is both good and bad news for some people as the profit for selling your BEAM (Equihash 150,5) hashrate on NiceHash might bring you nice direct profit in BTC, but for the people mining BEAM directly is is not such good news as the hashrate has increased significantly and thus the difficulty is higher as well and less coins are being mined. Pool owners with BEAM support might be interested in checking out the BEAM NiceHash support specs in order to make sure that their pools will be compatible with hashrate coming from the service.
We have already tried some of the popular mining software with NiceHash and it seems that there are no problems connecting and using Bminer and Gminer on Nvidia GPUs does seem to work without problems (remove the SSL option from both miners), however the latest lolMiner for AMD does not seem to support NiceHash mining at the moment in its latest version. The algorithm that BEAM uses is Equihash 150/5, so other miners supporting that algorithm should in theory be compatible with NiceHash as well, though there is no guarantee for that.
Nvidia has announced their new mid-range GPUs, namely the GeForce RTX 2060 as the fourth GPU in their new RTX range following the release for RTX 2080 Ti, RTX 2080 and RTX 2070 that are already available on the market. Specifications wise the new RTX 2060 is something in between the GTX 1060 and GTX 1070 from the previous generation, along with the new Tensor and RT cores on top of the CUDA cores. As far as crypto mining goes however there is not much use of the new gaming technology built into the RTX graphics cards, but the new architecture does bring some extra performance as we have already seen with he earlier RTX models… especially with miners already getting optimizations for the 2000 series.
It will be interesting to see what kind of performance you can currently get from an RTX 2060 GPU and we are soon going to have some results to show, so stay tuned for more information. Meanwhile the new GeForce RTX 2060 should be available from January 15th with prices starting at $349 USD. It is pricier than what the GTX 1060 was released at its launch, but then again you are also getting more with the GeForce RTX 2060, will the extra features be worth the price for mining though, that is entirely different question. With the current low profit for GPU mining that has been going on for quite some time already it is hard to justify the purchase of new mining hardware…